Just to share something with someone who is investing in the housing market.; n* h9 \1 D5 {
Bought another condo and rent it with $1300/month. Condo fee1 J& d: N/ t- B* a% V) x& |: b
and loan interest (3 years prime-0.85) total $1100/month. Not too bad./ K" m* j4 Q- S- {, k# O
Also bought a new luxury apartment in China last month with $150,000. # N8 E4 U% J5 }That unit worths $160,000 this month. ) J7 A) y/ ^' dDon't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist. 1 ~9 A" O+ K( a. S' J" l9 Q$ [I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. ! i$ C3 r4 A/ x. U* j$ kWell, it is still the highest ever for my currency exchange history.